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For a luxurious apartment in the historic centre of Paphos, few properties can match Luxury Residences
Pano Paphos - Up Town, Paphos, Cyprus
REF: 127599
€560,000
Description
For a luxurious apartment in the historic centre of Paphos, few properties can match Luxury Residences. Located close to the Fountain of Love in the town's main square, opposite the municipal gardens and 150 m from town hall and city library, the development is close to all amenities, restaurants, caf s, banks, etc. The project comprises two eye-catching 3-storey buildings, The first building houses only one 3-bedroom apartment on each floor, giving every owner a generous floor area of 150 sqm. The penthouse on the top floor takes luxury to another level: the private roof terrace with pool and BBQ area grants you amazing views. In the second building, five apartments are designed to satisfy different expectations, giving buyers a choice of 1 and 2-bedroom apartments, as well as a spacious and luxurious 3-bedroom penthouse. While most of the apartments combine views of the city and the sea, all provide a complete set of modern comforts, as well as a storage room and covered parking space for each apartment. The distance to the closest sandy beach is 1.5 km, and the picturesque harbor with the medieval castle is only 2 km away.
For a luxurious apartment in the historic centre of Paphos, few properties can match Luxury Residences. Located close to the Fountain of Love in the town's main square, opposite the municipal gardens and 150 m from town hall and city library, the development is close to all amenities, restaurants, caf s, banks, etc. The project comprises two eye-catching 3-storey buildings, The first building houses only one 3-bedroom apartment on each floor, giving every owner a generous floor area of 150 sqm. The penthouse on the top floor takes luxury to another level: the private roof terrace with pool and BBQ area grants you amazing views. In the second building, five apartments are designed to satisfy different expectations, giving buyers a choice of 1 and 2-bedroom apartments, as well as a spacious and luxurious 3-bedroom penthouse. While most of the apartments combine views of the city and the sea, all provide a complete set of modern comforts, as well as a storage room and covered parking space for each apartment. The distance to the closest sandy beach is 1.5 km, and the picturesque harbor with the medieval castle is only 2 km away.
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Currency Exchange
Pano Paphos - Up Town, Paphos, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €560,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €560,000 | £465,853 | £481,947 | £16,094 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £465,853 |
| Maximum cost in the last six months | £481,947 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,094 |
Pano Paphos - Up Town, Paphos, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €560,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €560,000 | £465,853 | £481,947 | £16,094 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £465,853 |
| Maximum cost in the last six months | £481,947 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,094 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £16,094 more.
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